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-   -   America's $100 Billion Counties[2015] (https://skyscraperpage.com/forum/showthread.php?t=237009)

dimondpark Dec 12, 2018 3:30 PM

America's $100 Billion Counties[2015]
 
BEA.gov released it's first ever county gdp report, a look at local area gdp for 2012-2015. Next year the data will be the most current but this report appears to be the format they will follow.

The release itself is in chained dollars, but I dug into the spreadsheets and found the current dollar gdp for 2015 and here are the largest county gdps in the land from that year.

County GDP 2015, $100B+
Los Angeles, CA $691.948 Billion
New York, NY $690.040 Billion
Harris, TX $395.784 Billion
Cook, IL $382.626 Billion
King, WA $262.665 Billion

Santa Clara, CA $262.053 Billion
Orange, CA $260.660 Billion
Dallas, TX $245.923 Billion
Maricopa, AZ $215.381 Billion
San Diego, CA $214.056 Billion

Fulton, GA $157.352 Billion
San Francisco, CA $154.176 Billion
Middlesex, MA $147.992 Billion
Miami-Dade, FL $141.734 Billion
Suffolk, MA $135.075 Billion

Hennepin, MN $134.207 Billion
Washington, DC $125.434 Billion
Alameda, CA $112.676 Billion
Philadelphia, PA $110.339 Billion
Oakland, MI $108.836 Billion

Tarrant, TX $108.496 Billion
Mecklenburg, NC $108.173 Billion
Clark, NV $104.761 Billion
Bexar, TX $101.462 Billion
Fairfax, VA $100.218 Billion

bea.gov

the urban politician Dec 12, 2018 5:03 PM

^ What's with your obsession about wealth rankings?

California is a wealthy place--extremely wealthy. Yay for California. Is there enough evidence there for you or should we start 19 more threads about the same concept?

Just saying....

LouisVanDerWright Dec 12, 2018 5:13 PM

Quote:

Originally Posted by the urban politician (Post 8406189)
^ What's with your obsession about wealth rankings?

California is a wealthy place--extremely wealthy. Yay for California. Is there enough evidence there for you or should we start 19 more threads about the same concept?

Just saying....

GDP isn't a wealth ranking, it's an output ranking. It's entirely possible a place is massively wealthy but has very little GDP output and vice versa. They tend to be correlated, but GDP is not about wealth.

dimondpark Dec 12, 2018 5:14 PM

Quote:

Originally Posted by the urban politician (Post 8406189)
^ What's with your obsession about wealth rankings?

California is a wealthy place--extremely wealthy. Yay for California. Is there enough evidence there for you or should we start 19 more threads about the same concept?

Just saying....

Huh? This isnt about wealth or California.

There are a ton of very interesting observations to be made by just this list:

1 Notice how New York and LA are like 1 billion dollars apart? That's extremely fascinating considering LAC has 4 times more people no?

2 Look at all the under 1 million in population counties that have $100B+ gdps.

3 King WA is nowhere near the 5th largest in population but has the 5th largest economy.

Etc that's very fascinating to me.

I happen to be geekish on gdp data and make no apologies. A better question is why are you upset?

dimondpark Dec 12, 2018 5:16 PM

Another thing. Based on their 2015 numbers, it's clear to me that their 2017 estimates are too conservative.

dimondpark Dec 12, 2018 5:27 PM

:runaway:

New York City 2015 GDP: $882.787 Billion
New York, NY $690.040 Billion
Queens, NY $80.882 Billion
Kings, NY $68.430 Billion
Bronx, NY $31.177 Billion
Richmond, NY $12.258 Billion

sopas ej Dec 12, 2018 5:30 PM

This list is interesting to me because it's about GDP, and because I'm from/live in Los Angeles County.

On another thread, someone said something along the lines of "Los Angeles isn't even a big contributor to California's economy." Hehe my thought after reading that was 'shows how much YOU know.' This proves that person wrong. LA County is definitely an economic hub, but for some reason, many people don't think of it as one.

Pedestrian Dec 12, 2018 6:18 PM

Quote:

Originally Posted by LouisVanDerWright (Post 8406202)
GDP isn't a wealth ranking, it's an output ranking. It's entirely possible a place is massively wealthy but has very little GDP output and vice versa. They tend to be correlated, but GDP is not about wealth.

e.g. Teton County, Wyoming. All kinds of rich people live there, nobody but the ski instructors and waiters work there.

Vlajos Dec 12, 2018 7:44 PM

Quote:

Originally Posted by Pedestrian (Post 8406303)
e.g. Teton County, Wyoming. All kinds of rich people live there, nobody but the ski instructors and waiters work there.

And the reverse for Houston, GDP output is huge due to oil, but incomes are actually low and significantly off from GDP per capita.

SIGSEGV Dec 12, 2018 9:04 PM

Interesting that Middlesex (Cambridge, Somerville, Lowell, etc) beats out Suffolk (Boston).

Ric 0_0 Dec 12, 2018 9:46 PM

I'm surprised Fulton was that high on the list. It is definitely the economic star of Atlanta.

L41A Dec 12, 2018 9:55 PM

Quote:

Originally Posted by Ric 0_0 (Post 8406589)
I'm surprised Fulton was that high on the list. It is definitely the economic star of Atlanta.

I was thinking the same about Fulton County - particularly that its population is just over 1 million.

Also that Fulton County is much smaller in area than most of the other counties above it in the list...with the exception of New York County(Manhattan).

Pedestrian Dec 13, 2018 12:28 AM

Oakland (Alameda) > Philadelphia. THAT shoots down some stereotypes.

Shawn Dec 13, 2018 1:13 AM

Quote:

Originally Posted by SIGSEGV (Post 8406545)
Interesting that Middlesex (Cambridge, Somerville, Lowell, etc) beats out Suffolk (Boston).

This makes sense though. Suffolk is just Boston, plus Winthrop, Revere, and Chelsea (all pure inner-ring bedroom cities). Middlesex has nearly double the population, and is home to almost the entire Boston massive life sciences / biotech sector, and the Rt 128 belt north of the city is home to lots the the area's tech. Boston proper is home to most the the region's finance and services industries.

Suffolk County is all of 58 sq miles. Middlesex is 818 sq miles. Dallas County, by comparison, is 873 sq miles - almost exactly the same size as Suffolk and Middlesex combined.

The most valuable commercial real estate on the East Coast outside of Manhattan is not in downtown Boston, but in Kendall Square in Cambridge.

dimondpark Dec 13, 2018 1:19 AM

Quote:

Originally Posted by SIGSEGV (Post 8406545)
Interesting that Middlesex (Cambridge, Somerville, Lowell, etc) beats out Suffolk (Boston).

Thank you. I just made a correction to Suffolk because I originally that county's private industry gdp instead of the total. That's been corrected.

dimondpark Dec 13, 2018 1:21 AM

Here's an update...

2015 County GDP $50B+
Los Angeles, CA $691.948 Billion
New York, NY $690.040 Billion
Harris, TX $395.784 Billion
Cook, IL $382.626 Billion
King, WA $262.665 Billion

Santa Clara, CA $262.053 Billion
Orange, CA $260.660 Billion
Dallas, TX $245.923 Billion
Maricopa, AZ $215.381 Billion
San Diego, CA $214.056 Billion

Fulton, GA $157.352 Billion
San Francisco, CA $154.176 Billion
Middlesex, MA $147.992 Billion
Miami-Dade, FL $141.734 Billion
Suffolk, MA $135.075 Billion

Hennepin, MN $134.207 Billion
Washington, DC $125.434 Billion
Alameda, CA $112.676 Billion
Philadelphia, PA $110.339 Billion
Oakland, MI $108.836 Billion

Tarrant, TX $108.496 Billion
Mecklenburg, NC $108.173 Billion
Clark, NV $104.761 Billion
Bexar, TX $101.462 Billion
Fairfax, VA $100.218 Billion

San Mateo, CA $99.019 Billion
Cuyahoga, OH $97.421 Billion
Broward, FL $96.519 Billion
Travis, TX $95.123 Billion
Fairfield, CT $93.957 Billion

Montgomery, MD $91.701 Billion
Franklin, OH $91.683 Billion
Nassau, NY $90.762 Billion
Orange, FL $89.817 Billion
Allegheny, PA $89.047 Billion

Marion, IN $88.508 Billion
DuPage, IL $87.146 Billion
Wayne, MI $87.017 Billion
Suffolk, NY $84.761 Billion
Montgomery, PA $81.404 Billion

Sacramento, CA $80.956 Billion
Queens, NY $80.882 Billion
Hartford, CT $79.802 Billion
Salt Lake, UT $79.721 Billion
St Louis, MO $78.587 Billion

Hillsborough, FL $77.093 Billion
Palm Beach, FL $76.866 Billion
Westchester, NY $75.894 Billion
Denver, CO $75.738 Billion
San Bernardino, CA $74.457 Billion

Hamilton, OH $73.204 Billion
Contra Costa $72.356 Billion
Riverside, CA $71.921 Billion
Bergen, NJ $68.910 Billion
Kings, NY $68.430 Billion

Wake, NC $67.768 Billion
Honolulu, HI $64.696 Billion
Shelby, TN $63.196 Billion
Lake, IL $64.208 Billion
Davidson, TN $61.728 Billion

Middlesex, NJ $60.757 Billion
Duval, FL $60.146 Billion
Milwaukee, WI $56.860 Billion
Morris, NJ $55.713 Billion
Collin, TX $55.558 Billion

Oklahoma, OK $54.586 Billion
Jeffersom, KY $53.082 Billion
Essex, NJ $52.975 Billion
Ventura, CA $52.597 Billion
Erie, NY $51.589 Billion

Norfolk, MA $50.941 Billion
Tulsa, OK $50.334 Billion

wisheye Dec 13, 2018 1:38 AM

Quote:

Originally Posted by dimondpark (Post 8406218)
:runaway:

New York City 2015 GDP: $882.787 Billion
New York, NY $690.040 Billion
Queens, NY $80.882 Billion
Kings, NY $68.430 Billion
Bronx, NY $31.177 Billion
Richmond, NY $12.258 Billion

I'm sorry but this makes absolutely no sense. Do you honestly believe Manhattan's per capita GDP is 420,000$ and Queens on the other hand is 35K?! I love and admire Manhattan as much as anyone but this must be a mistake.

Ric 0_0 Dec 13, 2018 1:50 AM

Hmm... It's surprising that there are 0 more GA in over 50 billion besides Fulton. I at least thought cobb or gwinnet could make it.

AviationGuy Dec 13, 2018 2:04 AM

Quote:

Originally Posted by Vlajos (Post 8406432)
And the reverse for Houston, GDP output is huge due to oil, but incomes are actually low and significantly off from GDP per capita.

Not just oil. What about medical, the huge port, chemicals, etc.? There's a large range of incomes. "Incomes are actually low" doesn't tell the story. Some are low, some are very high, many are somewhere in between.

Vlajos Dec 13, 2018 2:10 AM

Quote:

Originally Posted by AviationGuy (Post 8406865)
Not just oil. What about medical, the huge port, chemicals, etc.? There's a large range of incomes. "Incomes are actually low" doesn't tell the story. Some are low, some are very high, many are somewhere in between.

Right, median household income is quite low for the size of gdp.


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